Cegid
“Can a European ERP/HCM vendor become the embedded financial OS for SMBs and accountants by layering banking, invoice financing, and payments on top of its accounting backbone?”
Founded1983
HQLyon, France
IndustryHorizontal SaaS / ERP & Finance
The story
Founded in 1983 as a French management software publisher, Cegid grew into a cloud ERP, HCM, and retail-tech vendor serving 750,000+ customers. The 2025 acquisition of French neobank Shine signaled a strategic move into embedded finance — positioning Cegid as a 'financial copilot' for European SMBs and accountants, layering banking and payments on top of its accounting and ERP backbone.
Product timeline
1983
Cegid founded in Lyon as a French management software publisher.· founding
2025
Cegid acquires Shine to accelerate its path to becoming Europe's leading financial copilot for SMBs and accountants.· acquisition
2026
Cegid obtains ISAE 3402 – SOC 1 Type 1 compliance report.· compliance
The stack
5 layers disclosed in Cegid’s embedded-finance stack
Banking / BaaS
in the full report
Lending
in the full report
Unified APIs
in the full report
Accounting
in the full report
Accounting gap: none
12 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.